Cost Accountant

CPM Holdings, Inc.•Lexington, NC

2d•Onsite

About The Position

CPM Holdings, Inc. is a global process engineering and equipment company with the mission to sustainably feed, fuel, and build a better world. CPM serves a wide range of industries with solutions that help improve everyday life for people across the globe. CPM is seeking a highly motivated Cost Accountant to support the finance function within its Thermal market segment. This role is responsible for cost accounting activities at its US and UK Thermal sites, ensuring the accuracy and integrity of manufacturing costs, inventory, and product costing while providing financial insight to support operational performance, cost control, and continuous improvement. Initially reporting to the Operations Finance Manager, the ideal candidate will have strong cost accounting experience and a hands-on approach to operational finance.

Requirements

2-5 years of cost accounting experience in a manufacturing environment
Hands-on experience with standard costing
Experience supporting monthly close and inventory accounting
Strong understanding of BOMs, routings, absorption and manufacturing accounting
Experience working with ERP systems (e.g. SAP, Oracle)
Positive attitude and excellent interpersonal skills in a team environment
Motivated self-starter with ability to prioritize workload and manage deadlines

Responsibilities

Maintain and administer the standard cost system, including the setup, review, and update of bills of material (BOMs), routings, labor rates, and overhead rates
Perform inventory accounting and control, including inventory valuation, reconciliations, cycle counts, physical inventories, and analysis of inventory reserves and obsolescence
Manage and monitor production orders, including timely and accurate production order closures, review of labor and material postings, and resolution of variances prior to close
Prepare and analyze manufacturing variances, including material usage, labor efficiency, labor rate, overhead spending, overhead absorption, and yield variances
Support the business with cost estimates and analysis for customer quotations, including material, labor, overhead, and margin analysis to ensure accurate and competitive pricing
Assist with budgeting and forecasting related to manufacturing costs, inventory levels, and production volumes
Foster a culture of accountability, collaboration, and continuous improvement
Other ad hoc duties as and when required